A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
The United States must value Pakistan's role in Afghanistan and respect its security concerns, China's top diplomat Yang Jiechi told U.S. Secretary of State Rex Tillerson in a phone call, according to Chinese state media.
China's Foreign Ministry defended its ally Pakistan earlier this week after President Donald Trump said the United States could no longer be silent about militants using safe havens on
On Monday, Trump committed the United States to an open-ended conflict in Afghanistan, signalling he would send more troops to America's longest war and vowing "a fight to win."
He insisted that others - the Afghan government, Pakistan, India and NATO allies - step up their own commitment to resolving the 16-year conflict, but he saved his sharpest words for Pakistan.
Yang, who outranks China's foreign minister, told Tillerson on Wednesday that China was willing to coordinate with the United States on Afghanistan and make joint efforts to realize peace and stability there and in the region, according to a Chinese statement issued late that night.
"We must value Pakistan's important role on the Afghanistan issue, and respect Pakistan's sovereignty and reasonable security concerns," Yang told Tillerson.
Pakistan has been battling home-grown Islamists for years.
China and Pakistan consider each other "all-weather friends"and have close diplomatic, economic and security ties.
Beijing has its own security concerns in the region, in particular any links between militants in Pakistan and Afghanistan and Islamist groups China blames for violence in its far western region of Xinjiang.
Foreign Minister Wang Yi met Pakistani Foreign Secretary Tehmina Janjua in Beijing on Tuesday, according to a statement on Thursday. He praised Pakistan's efforts to combat extremism and to secure the China-Pakistan Economic Corridor, a development initiative central to President Xi Jinping's global Belt and Road development plan.
"Given the current complicated and changing international and regional situation, the strategic significance of China-Pakistan relations is even more prominent," Wang said.